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Euro area surplus shrinks, EU swings to trade deficit in January 2025
The euro area’s trade surplus dropped to €1.0 billion (~$1.09 billion) in January 2025 from €10.6 billion (~$11.52 billion) a year earlier, as imports rose 7.6 per cent to €231.5 billion (~$251.63 billion), outpacing 3.0 per cent export growth. The EU swung to a €5.4 billion deficit. For 2024, the euro area had a €173.8 billion surplus, while the EU recorded €147.0 billion.
The euro area’s trade surplus dropped to €1.0 billion (~$1.09 billion) in January 2025 from €10.6 billion (~$11.52 billion) a year earlier, as imports rose 7.6 per cent to €231.5 billion (~$251.63 billion), outpacing 3.0 per cent export growth.
The EU swung to a €5.4 billion deficit.
For 2024, the euro area had a €173.8 billion surplus, while the EU recorded €147.0 billion.
